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      IV. Futures DCA (Martingale)

      OKX's logo OKX

      Futures DCA is a Martingale bot that enables traders to automate this strategy in futures trading. The bot works by setting up a series of orders with increasing position sizes. When a position is closed at a loss, the bot will automatically place a new order with a larger position size. This process is repeated until the position is closed with a profit, at which point the bot will start a new cycle. With Futures DCA, you can leverage up to 100x and take advantage of the market's ups and downs. It also allows traders to set up stop-loss orders to limit potential losses. It is highly advisable to set up stop-loss orders. By setting up the stop-loss, traders can limit the risks according to their comfort level."

      https://www.okx.com/learn/futures-dca

      Read the original article at okex

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